BEST Time & BEST Choice For Investment On #TON Coin

TON

Toncoin (TON)

Market cap: $13.64 billion

YTD: 109.84%

Developed initially as a layer-1 blockchain for Telegram’s encrypted messaging platform, Toncoin was soon abandoned before being taken over by the TON foundation. The project name was even changed to “The Open Network” from “Telegram Open Network,” both referred to by their acronym: TON.

Toncoin—first known as Gram—is TON’s native token. The application allows users to buy, send, and store funds on TON’s high-speed, environmentally friendly network. As of August 27, 2024, TON is trading at $5.38. It moved from 8th to 10th position after Telegram founder Pavel Durov was arrested for investigation over allegations on his app, like drug trafficking and distribution of child sexual abuse images.

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